Comprehensive market data and analysis• Updated Dec 2025
999.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | 1 | 5 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | 1 |
| 10-20 acres | - | - | - | 3 |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | 1 | 3 |
| TOTAL | 0 | 0 | 2 | 12 |
Acreage buckets
The median price for land in Peotone, Illinois is currently $36K per acre. For a typical parcel, the median sale price is $141K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $25K while premium lots reached $1.7M.
There are currently 8 active listings in Peotone, Illinois. 3 new listings have hit the market in the last 90 days. The median asking price is $400K.
Land in Peotone, Illinois averages $53K per acre. The median price per acre is $36K, which may be more representative of typical transactions. Most parcels sold are around 9.1 acres.
Over the past 12 months, Peotone, Illinois saw 12 properties sold, totaling $5.2M in sales volume.
Land in Peotone, Illinois typically sells within 135 days of listing. The median time on market is 165 days. Properties are moving slowly in the current strong buyer's market.
The top-performing broker in this market is Exclusive Realtors.
The median land price in Peotone, Illinois stands at $141K. This translates to roughly $36K per acre for the typical parcel size. The average price is $435K, indicating some higher-priced properties pulling up the average.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
